Here we are in the post-credit crunch era – a bleak one for those leveraged financiers who enjoyed roaring times until the summer of 2007. But while the large buyouts they gorged on have disappeared from the menu and the party hats have been packed away, no-one can accuse these key actors of having lost their sense of humour – even if it is of the gallows variety.
LEVERAGED FINANCE SPECIAL
The LBO bubble has burst, and in its place has arisen a vastly scaled down and more conservative market for private equity investments. Andy Thomson reports on the lack of liquidity, fears over the economy and where new opportunities lie.
